UK sounds alarm over rising debt levels in poorest countries

China 0 Comment 0

International development secretary calls for creditors such as China to be transparent

Britain’s international development secretary, Penny Mordaunt, has sounded the alarm over rising debt levels in the poorest countries amid fears heavy repayments will jeopardise the fight against global poverty.

Mordaunt, speaking at the spring meeting of the World Bank in Washington DC, urged China and private lenders to be fully transparent about their lending to developing countries.

Continue reading…
Source: china
Link : UK sounds alarm over rising debt levels in poorest countries

Author

Leave a comment

Search

Back to Top